$6,200,000
18
Beds
11/9
Baths
11,532
Living Area
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Property Description
Presenting 1-11 Marney Street, a 9-unit boutique apartment building located in the heart of Cambridge, Massachusetts, one of the most dynamic and supply-constrained rental markets in the Northeast. The Property features a mix of spacious two-bedroom units with either two or two and a half baths across three adjacent buildings on a quiet residential street, offering investors both stability and upside through strategic improvements or rent adjustments. Steps from Inman Square and within walking distance to Central Square, Kendall Square, and MIT, tenants of 1-11 Marney Street enjoy close access to Red Line T stations, local shops, restaurants, and major employers in tech, biotech, and academia. This well-maintained property with recently upgraded units offers investors an opportunity to acquire a turnkey asset in an extremely high barrier to entry market.
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Highlights
- Levels: 3
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 36
- Status: Closed
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
-
Additional Details
- Construction: Brick
- Foundation: Concrete Perimeter, Brick/Mortar
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: 99
- Exterior Features: Other
- Interior Features: Living Room, Kitchen
- Roof: Rubber
- Total Number of Units: 9
- Year Built Source: Public Records
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $99
- Taxes: $99
- Tax Year: 99
- Total Rent: $19,998
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Listing information provided courtesy of Cushman & Wakefield.
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